Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) CEO Andrew Spodek acquired 8,856 shares of the business’s stock in a transaction on Tuesday, June 25th. The stock was purchased at an average price of $13.00 per share, for a total transaction of $115,128.00. Following the acquisition, the chief executive officer now directly owns 266,374 shares in the company, valued at $3,462,862. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Andrew Spodek also recently made the following trade(s):
- On Tuesday, May 28th, Andrew Spodek bought 6,707 shares of Postal Realty Trust stock. The stock was bought at an average price of $13.25 per share, for a total transaction of $88,867.75.
- On Thursday, May 23rd, Andrew Spodek bought 2,000 shares of Postal Realty Trust stock. The stock was bought at an average price of $13.25 per share, for a total transaction of $26,500.00.
- On Thursday, April 18th, Andrew Spodek bought 1,110 shares of Postal Realty Trust stock. The stock was bought at an average price of $13.50 per share, for a total transaction of $14,985.00.
- On Tuesday, April 16th, Andrew Spodek acquired 8,709 shares of Postal Realty Trust stock. The shares were acquired at an average price of $13.50 per share, for a total transaction of $117,571.50.
- On Wednesday, April 10th, Andrew Spodek acquired 10,000 shares of Postal Realty Trust stock. The shares were acquired at an average price of $13.75 per share, for a total transaction of $137,500.00.
Postal Realty Trust Price Performance
NYSE PSTL opened at $13.33 on Friday. Postal Realty Trust, Inc. has a 52 week low of $12.98 and a 52 week high of $15.70. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.79. The stock has a market cap of $302.19 million, a price-to-earnings ratio of 133.30, a price-to-earnings-growth ratio of 2.36 and a beta of 0.64. The company has a 50-day moving average price of $13.49 and a two-hundred day moving average price of $13.94.
Postal Realty Trust Announces Dividend
Wall Street Analysts Forecast Growth
Separately, Stifel Nicolaus restated a “buy” rating and issued a $15.50 target price on shares of Postal Realty Trust in a research report on Monday, June 17th.
Get Our Latest Report on Postal Realty Trust
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in PSTL. Essex Financial Services Inc. boosted its holdings in shares of Postal Realty Trust by 11.6% in the third quarter. Essex Financial Services Inc. now owns 28,045 shares of the company’s stock valued at $379,000 after acquiring an additional 2,910 shares in the last quarter. Hudson Bay Capital Management LP bought a new stake in Postal Realty Trust during the third quarter worth approximately $7,654,000. North Star Investment Management Corp. boosted its holdings in Postal Realty Trust by 24.5% during the fourth quarter. North Star Investment Management Corp. now owns 426,180 shares of the company’s stock worth $6,205,000 after buying an additional 83,820 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Postal Realty Trust by 39.6% during the fourth quarter. SG Americas Securities LLC now owns 11,165 shares of the company’s stock worth $163,000 after buying an additional 3,169 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in Postal Realty Trust by 9.3% during the fourth quarter. State of Alaska Department of Revenue now owns 9,685 shares of the company’s stock worth $140,000 after buying an additional 823 shares in the last quarter. 57.89% of the stock is currently owned by institutional investors.
Postal Realty Trust Company Profile
Postal Realty Trust, Inc (NYSE: PSTL) is an internally managed real estate investment trust that owns properties primarily leased to the United States Postal Service ("USPS"). PSTL is focused on acquiring the network of USPS properties, which provide a critical element of the nation's logistics infrastructure that facilitates cost effective and efficient last-mile delivery solutions.
Read More
- Five stocks we like better than Postal Realty Trust
- 3 Warren Buffett Stocks to Buy Now
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- How to Calculate Inflation Rate
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Market Cap Calculator: How to Calculate Market Cap
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Postal Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Postal Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.